Punish the sober, exalt the drunk, the Oracle at Eccles has junk in the trunk

'And you always think
Always speak cryptically
I should know
that you're no good for me'
-Katy Perry

'Oh what a tangled web we weave, When first we practice to deceive'
- Sir Walter Scott

'Stand and deliver
your money or your life!
And even though
you fool your souls
Your conscience will be mine
all mine.'
-Adam and the Ants

The Oracle at Eccles stating that we can't handle the truth is the fiscal equivalent of Stockholm's Syndrome.

But you already knew that.

The strong dollar policy is facetiously olfactorius ; the chimera of currency debasement masquerading as America's wealth exporting machine that is regularly promulgated by our leaders as an exceptional example of America's resiliency.

But you already knew that.

Employment, inflation, productivity, GDP, and other sundry stats are massaged into irrelevance and yet are perennially market-moving.

But you already knew that.

The markets are rigged.

But you already knew that.

As a corollary, spooks align with certain hedgies towards mischievous ends...

Did I get you on that one? Well, if so, tis only 'cause one of them confided in me.

Please don't knock on my door Mr. Hand, I have no specifics.

Fooled by randomness? Or tooled by randomness?

From troubles to bubbles and back again?

Or has the Great Moderation morphed into the Great Modification?

If the intelligentsia of finance are squared off between deflation and hyperinflation, is the true Black Swan one of these two likely scenarios not occurring?

To paraphrase Winnie, it is a riddle, wrapped in a mystery, inside an enigma; but there is a key. That key is the Amerikantura's (copyright applied for) interest.

The new marketplace of ideas.

Down is up, up is down.

Punish the sober.

Exalt the drunk.

And we all know that the Oracle at Eccles

has junk in the trunk.